Under the boost of Powell's "dovish" remarks, US bonds rose, but economic data and inflation risks still pose obstacles to the Federal Reserve decision-making.
According to the Wisdom Financial APP, last Friday, Federal Reserve Chairman Powell said at the Jackson Hole Global Central Bank Annual Conference that the downside risks to the US job market are increasing, and a shift in the balance of risks may make it appropriate for the Fed to adjust its policy stance. This is the strongest signal Powell has sent so far, indicating that the Fed may cut interest rates as early as September.
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